In the latest World Blockchain Summit in Dubai, many blockchain business leaders visited the CoinQuora media lounge. Dan Sebastian, Founder and CEO of TCOIN visited us and gave us some insights into what they do at TCOIN.
Q. Can you briefly introduce your self and your tasks?
Hi, my title is Sebastian, and I’m a CEO and founder of the Travel Coin challenge. Basically, we are a challenge that we wish to remedy some issues that resort house owners proper now attempt to bounce off as a result of in case you personal a resort, proper now, you have got to pay virtually 35% to the reserving platforms when a reservation is made. But in case you be part of our platform, the charges shall be zero. But all you have got to do is to give to your shoppers or reward within the kind of TCOIN tokens. And additionally settle for some TCOIN tokens on your companies. And this is like a win-win state of affairs for you as a resort proprietor, since you don’t pay charges to reserving platforms, and additionally for the vacationers as a result of they obtain a bonus that they can use wherever on this planet. In associate accommodations, they are not caught with a bonus from one model resort, let’s say and this is one thing that can take off, I feel and rather a lot of folks will use it.
Q. How does blockchain play an element in your challenge?
Because our token is used as a reward. It is constructed on Binance Smart Chain and the vacationers by receiving the token can use it as a reward and additionally they can trade it for different cryptocurrency or fiat. And this is one thing very completely different for different reward techniques, as a result of greater resort chains have their personal level, let’s say system. But you can’t trade for different foreign money or fiat. And additionally you can’t use it in different accommodations you can’t pay with them in different manufacturers or different components of the world. So it’s relying on the place they’re the place their accommodations are situated.
Q. Do you have got any thrilling upcoming tasks? Where will we see you subsequent?
Right now as a result of we are very concerned within the hospitality enterprise. The challenge growth half, a girl half of our workforce, it’s my spouse. Actually, she has a consulting firm for greater than 10 years for resort house owners. So we now have all we’d like to go additional. Right now our reserving platform is totally purposeful and it’s within the testing section. We have some accommodations and eating places that proper now are testing this platform with an actual person. And as a result of rather a lot of jewellery customary shoppers don’t know something about blockchain and concerning the crypto world. We create a really, quite simple approach to obtain their tokens and to use this reward system by solely scanning some QR codes and most of them don’t understand that it’s primarily based on blockchain. So this is very nice as a result of we create a bridge between the blockchain world and the actual world and rather a lot of folks use it with out even understanding that they’re utilizing blockchain expertise. So I feel this is nice for the longer term of cryptocurrency as a result of rather a lot of them shall be on their first contact with a crypto pockets. So this is nice.
Q. How can the viewers attain you? Do you have got an internet site?
Absolutely we now have an internet site, we now have an internet site social, we are on YouTube. We have a vlog the place we speak about our challenge. It’s quite simple to attain. The web site is www.tcoin.one Yeah, that’s the challenge web site. We even have the reserving platform that is Travel Coin, that is www.travelcoin.one that would be the platform the place the longer term vacationers can ebook their resort rooms.
Q. How do you are feeling concerning the World Blockchain Summit? How’s your expertise up to now?
We are overwhelmed. I feel it’s one thing completely nice. Yesterday, rather a lot of folks talked with us and I feel tomorrow we now have rather a lot of conferences with some buyers from right here. And this is one thing nice. Also, massive shock, rather a lot of folks are concerned in journey and they are proudly owning accommodations and different associated companies. So it was a match, an ideal match for us and additionally for them as a result of they are coming right here to find out about blockchain however discover out that their challenge in blockchain that need to remedy some of the issues. So this is nice.
Q. Do you have got any ultimate ideas you need to share with us?
I feel it’s for now on or all around the main industries may have to undertake the blockchain expertise, as a result of proper now we are like, when the web was within the bubble. Yeah. And of course, after some time, folks begin utilizing it. And they have to undertake it. And I feel we are residing nice occasions. And you are at first of nice, nice, nice applied sciences and period.